Which of the Following Best Explains Why the Actual Vegetation

question 58

Multiple Choice

Which of the following best explains why the actual vegetation that is present in a particular biome may not match the prediction of a global biome map that was generated by modeling the temperatures and precipitation expected at a given latitude?

• A) precipitation and temperature are not the primary factors which control vegetative growth
• B) biomes overlap with one another so you can not ever be sure what to expect
• C) the Earth's tilt has resulted in seasonal changes that impact biomes
• D) local differences in soil, elevation, or topography can result in considerably different climates and plant communities within a biome

Understand the basic structure and types of investment vehicles, including mutual funds, closed-end funds, and REITs.

Calculate and interpret the net asset value (NAV) of mutual funds.

Differentiate between open-end and closed-end mutual funds, including their issuance and trading characteristics.

Recognize the role and performance comparison of actively managed funds vs. market indexes.